Former Banker Convicted of Conspiracy, Falsifying Data : Courts: Antonio Mario Angotti, the son of an Orange County fugitive financier, faces a maximum of 135 years in prison and $4.5 million in fines.

The son of fugitive Orange County banker Ottavio A. Angotti has been convicted by a federal court jury of conspiracy and making false statements on a home loan application.

Antonio Mario Angotti, a former New York investment banker, was convicted late Thursday of falsifying his income and assets in an effort to obtain a $480,000 loan from Western Federal Savings & Loan in Los Angeles, which, in an unrelated action, was seized by regulators last June.

Evidence at the 16-day trial showed that Antonio Angotti, 36, of La Habra, told the thrift that he earned $17,500 a month and had assets totaling $200,000. The evidence showed that he had no income or assets, but obtained $20,000 from the proceeds of a fraudulently obtained loan.

Angotti faces a maximum of 135 years in prison and $4.5 million in fines. U.S. District Judge William Rea scheduled sentencing for March 7.

The elder Angotti was chief executive of Consolidated Savings Bank, an Irvine thrift that was seized by regulators in May, 1986, and closed later that year. He was convicted last May of falsifying Consolidated’s loan records to hide proceeds funneled to Pyrotronics Inc. in Anaheim, which was once the state’s largest maker of so-called safe and sane fireworks.

Ottavio Angotti, 56, then was indicted with his son. But on Memorial Day, before he was sentenced in the first case and arraigned in the second, he disappeared after being dropped off at a hospital in San Diego. He remains at large.